Inflation in the UK has jumped to its highest level since March 2012. Economists had predicted that it would remain at 3% but it increased to 3.1% in November. There was a sharp fall in the value of the pound after the Brexit vote and the cost of imports has since pushed up the rate of inflation. The data was measured with the prices of goods and services in the UK. The bank of England governor must now write a letter to Chancellor Philip Hammond explaining why inflation is more than one percent away from the 2 percent target.businessinsider.com/brexit-uk-inflation-...wochit.com